Unilever Full Year 2024 Earnings: EPS Misses Expectations

Unilever (LON:ULVR) Full Year 2024 Results

Key Financial Results

• Revenue: €60.8b (up 1.9% from FY 2023).
• Net income: €5.74b (down 12% from FY 2023).
• Profit margin: 9.5% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: €2.30 (down from €2.58 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Unilever EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%.

The primary driver behind last 12 months revenue was the Personal Care Business (Excl. Beauty & Wellbeing Business) segment contributing a total revenue of €13.6b (22% of total revenue). Explore how ULVR's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Personal Products industry in the United Kingdom.

Performance of the British Personal Products industry.

The company's shares are down 6.4% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Unilever you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.